First Advantage Co. $FA Stake Lessened by American Century Companies Inc.

American Century Companies Inc. decreased its holdings in First Advantage Co. (NYSE:FA) by 2.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,509,540 shares of the company’s stock after selling 52,664 shares during the period. American Century Companies Inc. owned about 1.44% of First Advantage worth $38,622,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FA. Quantbot Technologies LP purchased a new position in First Advantage in the second quarter valued at about $81,000. Parkside Financial Bank & Trust lifted its holdings in First Advantage by 22.8% in the 2nd quarter. Parkside Financial Bank & Trust now owns 7,164 shares of the company’s stock worth $119,000 after purchasing an additional 1,328 shares during the last quarter. BNP Paribas Financial Markets boosted its position in First Advantage by 105.7% during the second quarter. BNP Paribas Financial Markets now owns 7,166 shares of the company’s stock worth $119,000 after purchasing an additional 3,682 shares during the period. Tower Research Capital LLC TRC grew its holdings in First Advantage by 503.2% during the second quarter. Tower Research Capital LLC TRC now owns 7,932 shares of the company’s stock valued at $132,000 after purchasing an additional 6,617 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its position in First Advantage by 29.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 8,088 shares of the company’s stock worth $134,000 after acquiring an additional 1,821 shares during the last quarter. 94.91% of the stock is owned by hedge funds and other institutional investors.

First Advantage Stock Down 0.8%

Shares of NYSE FA opened at $12.06 on Friday. The stock has a market capitalization of $2.10 billion, a P/E ratio of 402.00 and a beta of 1.19. The stock’s fifty day moving average is $12.82 and its 200 day moving average is $14.02. First Advantage Co. has a 52 week low of $8.82 and a 52 week high of $19.01. The company has a debt-to-equity ratio of 0.61, a quick ratio of 3.85 and a current ratio of 3.85.

First Advantage (NYSE:FA) last issued its earnings results on Thursday, February 26th. The company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.26 by $0.04. First Advantage had a net margin of 0.65% and a return on equity of 13.16%. The firm’s quarterly revenue was up 36.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.18 earnings per share. First Advantage has set its FY 2026 guidance at 1.150-1.250 EPS. Sell-side analysts forecast that First Advantage Co. will post 0.74 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Citigroup cut their price objective on shares of First Advantage from $16.00 to $15.00 and set a “neutral” rating for the company in a research report on Friday. Barclays upgraded shares of First Advantage from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $14.00 to $15.00 in a research report on Friday. Zacks Research lowered First Advantage from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 5th. Finally, JPMorgan Chase & Co. decreased their price target on shares of First Advantage from $21.00 to $17.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Two equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, First Advantage has an average rating of “Hold” and a consensus price target of $16.75.

First Advantage Company Profile

First Advantage is a global provider of background screening, identity verification and workforce risk management solutions. The company delivers a comprehensive suite of services that help employers verify candidate credentials, manage regulatory compliance and mitigate risk throughout the employee lifecycle. Its platform is built to integrate with leading human capital management and applicant tracking systems, enabling a seamless and scalable experience for organizations of all sizes.

The company’s core offerings include pre-employment and continuous background screening, digital identity verification, drug and health testing, and ongoing employee monitoring.